Estimating switching costs: the case of banking

By Moshe Kim, Doron Kliger, Bent Vale. 2003

386 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/727b9a577e1ffb0c162e7e84574bcdc4fc161cd0

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Citations in the corpus

Endogenous Product Differentiation in Credit Markets: What do Borrowers Pay for? (2005, neutral): “These borrowers are inclined to choose banks that they anticipate are able to extend credit lines or provide new loans in future periods (switching to another bank is costly, see Kim et al., 2003 ).”
Credit and Banking in a DSGE Model of the Euro Area (2010, background): “See Miles (2004) for a detailed description of debt renegotiation costs for the UK or Kim et al. (2003) for an estimate of the importance of switching costs in banking.”
The Dark Side of Bank Wholesale Funding (2010, neutral): “Another reason for the "sluggishness" is the high switching costs associated with transaction services that retail depositors receive from banks (Kim et al., 2003; Sharpe, 1990, 1997).”
Competition and regulation in the banking sector: A review of the empirical evidence on the sources of bank rents (2007, methodology): “Kim, Kristiansen and Vale (2004) for example study whether banks can pursue strategies in order to vertically differentiate their products and services.”
Are Private Banks More Efficient than Public Banks? Evidence from Russia (2008, neutral): “Alternatively, the observed increase in the efficiency gap between public and pri- vate banks may be due to increased switching costs (see Kim et al., 2003).”
Interest Rate Pass-Through: Empirical Results for the Euro Area (2005, background): “Kim et al. (2003) empirically show that for the Norwegian banking industry around a quarter of the bank customer’s added value is due to the lock-in phenomenon generated by switching costs.”
Distance, Lending Relationships and Competition (2005, neutral): “The officers’ own assessment of the development of the relationship with the firm, the skills and reputation of the firm’s management, and the quality of the 1 The mean loan rate in Kim et al. (2003) equals around 11.8% and the mean T-bill rate is around 9.2%.”
Coordination and Lock-In: Competition with Switching Costs and Network Effects (2006, neutral): “Finally, because competition for the market differs greatly from competition in the market, competition policy gets involved in issues of compatibility, as well as in the analysis of mergers, monopolization, intellectual property, and predation, all of which behave differently in the presence of…”
Relationship Banking, Fragility, and the Asset-Liability Matching Problem (2007, background): “4 The Harsanyi doctrine asserts uniform prior beliefs, and Samuelson (2004) justifies these on the grounds that it is just ‘‘a welcome source of modeling discipline.”